Pennsylvania Industrial Development Authority (PIDA)
- Real Estate Loans for eligible land and building costs: 10 year term with a 20 year amortization OR a 15 year term available with variable or fixed interest rate options available. Rates start at 1.00% and are currently capped at 2.00%.
- Equipment Loans: 2.00% fixed rate for the term of the loan
- Working Capital and AR Lines of Credit: 12 month terms, rates fixed at 2.00%
- Pollution Prevention and Energy Efficiency Loans: 2.00% fixed rate for the term of the loan
EGC and Partners
- Diverse Business Financing Initiative: flexible terms up to 5 years with low rates
- Energy Advantage Loan Program (ACT 129): funding of up to $50,000 available with flexible terms and low rates; project precertification is required.
Contact Kyle Martin, Business Development Officer, today to request for information or schedule a virtual meeting.